a. Calculate the debt to equity ratio for 2016 and 2017, for the following 3 separate companies.b.

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a. Calculate the debt to equity ratio for 2016 and 2017, for the following 3 separate companies.b. Comment on whether the ratio for each has improved or weak-end from a risk perspective.

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Fundamental Accounting Principles Volume 2

ISBN: 9781259087363

15th Canadian Edition

Authors: Kermit Larson, Heidi Dieckmann

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Question Posted: Jun 19, 2023 07:23 AM

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a. Calculate the debt to equity ratio for 2016 and 2017, for the following 3 separate companies.b.

Question:

Total Debt (A) Total Equity (B) Fab Form Industries 2017 2016 2,306,225 2,522,364 1,246,608 1,293,520 Recycle Resources 2017 4,4141,368 2,556,400 2016 4,437,345 2,689,300 Outdoor Adventure Company 2017 2016 1,137,720 875,169 1,021,295 928,450

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Part a Part b Since a higher debt to equity ratio sig...View the full answer

Fundamental Accounting Principles Volume 2

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